Condominium associations that either have FHA recertification dates approaching or have been considering applying for FHA certifications are out of luck during the current federal government shutdown. Guidance issued by the Department of Housing and Urban Development states that applications should not even be sent in during this time. With no end in sight to the current standoff in Washington, condominium associations can expect to be negatively impacted by the shutdown.
Veterans Administration approvals can be pursued, as the VA has received a separate appropriation of funds to remain open.
A list of FAQs about the shutdown and how HUD’s functions are affected can be found here.
Contact us if you would like information about how we can assist you with certification/approval of your condominium (once the shutdown is resolved). We have a good relationship with these agencies, and we would be happy to discuss our abilities to assist your association at any time.